Latest in Boeing Will Sell $19 Billion in Stock Amid Costly Strike
Sort by
1,370 items
-
Business - Inc.
Boeing to Bring New Offer in Attempt to End Strike
Boeing’s machinist strike is nearing its second month.October 19 -
Business - The Wall Street Journal
Boeing, Union Reach Wage Deal to End Strike
The Jet maker and machinists union reach a tentative deal, including an offer of a 35% wage increase, to end a strike that halted most of the company’s production.October 19 -
Top stories - CBS News
Boeing workers to vote next week on a new proposal that could end strike
The International Association of Machinists and Aerospace Workers said early Saturday that it plans to hold a ratification vote on Wednesday that could end the Boeing strike.October 19 -
Politics - The Hill
Boeing, union reach tentative agreement to halt strike
A tentative agreement has been reached between Boeing and the roughly 33,000 machinists that went on strike last month, the union announced Saturday. "We are finalizing the strike settlement ...October 19 -
Business - MarketWatch
How to make money on stocks that look ripe for 2024 tax-loss selling
These 20 stocks are being unfairly punished. They’ll likely bounce back in January.October 19 -
Top stories - NBC News
Boeing workers to vote on new proposal that could end strike
Boeing and its machinists’ union have reached a new contract proposal, the union said Saturday, outlining a deal that could end a more than month-long strike that has hobbled the manufacturers’ ...October 19 -
Politics - The Hill
Boeing supplier Spirit Aero to furlough employees amid strike
Spirit AeroSystems announced plans to furlough 700 workers for 21 days Friday due to the ongoing Boeing employee strike. The company’s hourly direct, support functions and management employees in ...October 18 -
Business - CNBC
Stellantis to shutter and sell large testing facility amid cost-cutting efforts
Stellantis' Arizona Proving Grounds covers 4,000 acres between Phoenix and Las Vegas in Yucca, Arizona.October 18 -
Top stories - NBC News
Spirit AeroSystems to furlough 700 workers as Boeing machinist strike continues
Boeing supplier Spirit AeroSystems will furlough some 700 workers as a strike by machinists at the plane maker enters its sixth week, a spokesman for the supplier said Friday.October 18 -
Top stories - NBC News
Stellantis to sell, shutter large testing facility amid cost-cutting efforts
DETROIT — Automaker Stellantis plans to shutter and sell its large vehicle proving grounds in Arizona at the end of this year, CNBC has learned.October 18 -
Business - MarketWatch
Boeing’s labor strike is forcing this company to send hundreds of employees home
Spirit AeroSystems is furloughing 700 employees due to the impact of the strike by Boeing’s machinists.October 18 -
Business - Financial Times
Spirit to furlough hundreds as Boeing strike’s effects feed through supply chain
Measure could spread to further staff if strike goes on beyond NovemberOctober 18 -
Business - CNBC
Spirit AeroSystems to furlough 700 workers as Boeing machinist strike continues
Spirit AeroSystems had been scrambling to cut costs after more than 32,000 Boeing machinists walked off the job Sept. 13.October 18 -
Top stories - CBS News
CVS Health CEO Karen Lynch steps down after 19% stock plunge
CVS Health CEO Karen Lynch has stepped down and is being replaced by David Joyner amid struggles with rising costs.October 18 -
World - The Guardian
Middle East crisis live: Israel hails Yahya Sinwar’s death as ‘beginning of the end’ as US signals push for ceasefire and hostage return
Israeli PM says 'task before us is not yet complete’; US president, VP and senior leaders say killing must be opportunity to end Gaza war. Israel says Hamas chief Yahya Sinwar is dead: what we ...October 17 -
Business - CNBC
Lucid stock tumbles following public offering to raise $1.67 billion
Lucid intends to use the proceeds "for general corporate purposes, which may include, among other things, capital expenditures and working capital."October 17 -
Business - Inc.
Boeing Has a $15 Billion Plan to Weather Company Turbulence
The planemaker wants to sell shares and a convertible bond to shore up its shaky finances.October 17 -
Business - MarketWatch
U.S. industrial output falls in September, held down by Boeing strike and hurricanes
U.S. industrial production fell 0.3% in September, held down by the strike at Boeing Co and by the two recent hurricanes, the Federal Reserve reported Thursday.October 17 -
Business - MarketWatch
Novavax’s stock slides 19% after FDA puts clinical hold on COVID and flu vaccine candidates
Novavax Inc.’s stock tumbled 19% early Wednesday after the company said the FDA has placed a clinical hold on its COVID-19-and-flu combination and stand-alone flu vaccine candidates, following a ...October 17 -
Politics - The Hill
Lawmakers press Boeing to resolve monthlong strike
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Lawmakers press Boeing to resolve monthlong strike Democratic lawmakers in ...October 16 -
Politics - The Hill
Washington lawmakers press Boeing, union to resolve monthlong strike
Four Democratic lawmakers from the state of Washington this week urged Boeing and the union representing striking machinists around Seattle and Portland, Ore., to resolve the labor dispute. Around ...October 16 -
Business - MarketWatch
Boeing’s bonds signal view that company has bought time with credit-raters to avoid slide to junk
Boeing Co., under pressure to boost liquidity, filed a $25 billion shelf registration Tuesday to offer equity or debt over the next three years and announced a new credit agreement with lenders.October 16 -
Top stories - NBC News
Boeing strike enters second month as workers rally in Seattle
Boeing factory workers held a large rally in Seattle on Tuesday to demand a better wage deal, mounting pressure on new CEO Kelly Ortberg to end a bitter strike that has plunged the planemaker ...October 16 -
Business - CNBC
Boeing to raise as much as $25 billion to shore up balance sheet
The equity or debt raise of up to $25 billion would be over three years Boeing said.October 16 -
Business - The Wall Street Journal
Boeing to Sell at Least $10 Billion in Shares to Plug Cash Drain
The jet maker moves to raise much needed cash and secures a new credit line amid paralyzing machinist strike.October 15 -
Business - The New York Times
Trump Media’s Stock Price Soars, Adding $2 Billion to Trump’s Stake
The sharp rise in the share price of the parent of Truth Social has added about $2 billion to the net worth of former President Donald J. Trump.October 15 -
Top stories - NBC News
Boeing to raise as much as $25 billion to shore up balance sheet
Boeing said Tuesday that it could raise as much as $25 billion in shares or debt over three years, a move to increase liquidity as the troubled manufacturer faces a more than monthlong machinist ...October 15 -
Business - The New York Times
Boeing Seeks to Line Up Billions in Financing as Strike Goes On
The aerospace giant said it could raise as much as $25 billion in debt or equity over the next three years, including a $10 billion line of credit.October 15 -
World - The Guardian
Boeing seeks to raise up to $25bn through stock and debt offering
Planemaker also enters into $10bn credit agreement in ‘challenging environment’ amid strikes and safety concerns. Boeing is seeking to raise up to $25bn (£19bn) in an attempt to shore up its ...October 15 -
Business - MarketWatch
Longboard Pharmaceuticals’ stock soars amid Lundbeck’s $2.6 billion deal to acquire the company
H. Lundbeck plans to acquire Longboard Pharmaceuticals in a $2.6 billion deal, the companies announced Monday.October 14 -
Business - The Wall Street Journal
Boeing to Cut 10% of Workers Amid Strike, Delay New 777X Production
The plane maker plans to book $5 billion in charges on troubled programs and warns of a deeper quarterly loss amid machinists strike.October 11